Rates for 30-year mortgages barely budged over the past month, even as lenders sifted through new statements from Federal Reserve officials. Source: Inman News
Posts published in “mortgages”
During the pandemic, the Federal Reserve has been keeping a lid on interest rates by increasing its holdings of long-term Treasurys and mortgage-backed securities (MBS)…
Fewer properties are considered seriously underwater now that rising home prices have put homeowners with mortgages in a better position. Source: Inman News
Interest rates on 30-year mortgages fell further as bond markets reacted to the delta variant’s potential impact on the global economy. Source: Inman News
The new bond products offer higher yields in a low-interest-rate environment. But if the loans go bad, investors are on the hook. Source: Inman News
Mortgage rates held steady near month’s end, with interest rates on 15-year fixed rate loans remaining at all-time lows, according to Freddie Mac’s weekly lender…
People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according…
Nearly 60 percent of agents surveyed by Homelight said they expect a home office to be a top priority for buyers in a post-vaccine landscape. …
New lending rules and a return to the office may have dented the prolific rise in demand for second-home loans, according to new data. Source:…
Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages. Source: Inman News